Wednesday, December 11, 2024

Manchester Capital Management LLC boosts stock holdings in The Procter & Gamble Company (NYSE:PG)

Manchester Capital Management LLC Increases Stake in Procter & Gamble Company

Are you interested in learning more about The Procter & Gamble Company (NYSE:PG)? Manchester Capital Management LLC recently increased their stake in the company by 5.4% in the first quarter, showing confidence in the stock. Other large investors have also been buying and selling shares of PG, indicating a strong interest in the company.

In terms of stock performance, PG opened at $166.64 on Friday, with a 52-week low of $141.45 and a high of $169.41. The company has a market cap of $393.29 billion and a P/E ratio of 27.23. Analysts anticipate that The Procter & Gamble Company will post 6.55 EPS for the current fiscal year.

Procter & Gamble recently announced a quarterly dividend, with a yield of 2.42%. The company’s dividend payout ratio is currently 65.69%. In terms of insider activity, CEO R. Alexandra Keith and CEO Gary A. Coombe have both sold shares of the stock.

Analysts have set new price targets for PG, with a consensus rating of “Moderate Buy” and a consensus price target of $171.74. The company provides branded consumer packaged goods worldwide, operating through five segments including Beauty, Grooming, Health Care, Fabric & Home Care, and Baby, Feminine & Family Care.

If you’re interested in staying updated on Procter & Gamble news and ratings, you can sign up for MarketBeat.com’s FREE daily email newsletter. Additionally, you can visit HoldingsChannel.com to get the latest 13F filings and insider trades for The Procter & Gamble Company.

Overall, Procter & Gamble continues to be a strong player in the consumer goods industry, with a solid financial performance and positive outlook from analysts. Stay informed and consider adding PG to your investment portfolio for potential growth and dividends.

Disclaimer: The information provided in this article is for informational purposes only and should not be considered as financial advice. The content is based on general research and may not be accurate, reliable, or up-to-date. Before making any financial decisions, it is recommended to consult with a professional financial advisor or conduct thorough research to verify the accuracy of the information presented. The author and publisher disclaim any liability for any financial losses or damages incurred as a result of relying on the information provided in this article. Readers are encouraged to independently verify the facts and information before making any financial decisions.

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